Clough Global Opportunities Fund (GLO) Short Interest Up 83.8% in September

Clough Global Opportunities Fund (NYSE:GLO) was the recipient of a significant increase in short interest during the month of September. As of September 29th, there was short interest totalling 181,268 shares, an increase of 83.8% from the September 15th total of 98,634 shares. Based on an average daily volume of 157,353 shares, the short-interest ratio is currently 1.2 days. Currently, 0.4% of the company’s shares are short sold.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Shaker Financial Services LLC purchased a new stake in Clough Global Opportunities Fund in the 2nd quarter valued at about $1,506,000. Oppenheimer & Co. Inc. raised its holdings in Clough Global Opportunities Fund by 17.1% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 59,286 shares of the investment management company’s stock valued at $628,000 after buying an additional 8,650 shares during the period. Advisor Group Inc. raised its holdings in Clough Global Opportunities Fund by 28.9% in the 2nd quarter. Advisor Group Inc. now owns 23,725 shares of the investment management company’s stock valued at $252,000 after buying an additional 5,325 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in Clough Global Opportunities Fund by 9.6% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 21,869 shares of the investment management company’s stock valued at $232,000 after buying an additional 1,910 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Clough Global Opportunities Fund by 4.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,155 shares of the investment management company’s stock valued at $192,000 after buying an additional 699 shares during the period.

Get Clough Global Opportunities Fund alerts:

Clough Global Opportunities Fund (NYSE GLO) opened at 11.38 on Friday. The stock has a 50 day moving average of $11.26 and a 200-day moving average of $10.83. Clough Global Opportunities Fund has a 12-month low of $8.65 and a 12-month high of $11.43.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, October 20th will be issued a $0.0994 dividend. The ex-dividend date is Thursday, October 19th. This represents a $1.19 annualized dividend and a yield of 10.48%.

ILLEGAL ACTIVITY NOTICE: This report was first published by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/2956214/clough-global-opportunities-fund-glo-short-interest-up-83-8-in-september.html.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. It seeks to achieve its objective by applying a fundamental research-driven investment process. It will invest in equity and equity-related securities, as well as fixed income securities, including both corporate and sovereign debt.